FREDRIKSTAD APARTMENTS AS

1608 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

440,28 %

Current Ratio

0,21

Debt-to-Equity Ratio

−183,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	350 000	1 437 000	1 316 000	636 000
Net Income	−317 000	693 000	696 000	−37 000
Total Assets	16 939 000	13 722 000	12 731 000	14 200 000
Total Equity	−72 000	246 000	−447 000	−1 143 000

Income (NOK)	2022	2021	2020	2019
Revenue	350 000	1 437 000	1 316 000	636 000
Expenditure	722 000	583 000	621 000	673 000
Operating Profit	−371 000	853 000	694 000	−37 000
Financial Income	0	0	2 000	0
Financial Costs	37 000	0	0	0
Financial Balance	−37 000	0	2 000	0
Earnings Before Tax	−408 000	853 000	696 000	−37 000
Tax	−91 000	161 000	0	0
Net Income	−317 000	693 000	696 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 145 000	12 726 000	12 636 000	12 871 000
Total Current Assets	795 000	997 000	95 000	1 329 000
Total Assets	16 939 000	13 722 000	12 731 000	14 200 000
Total Retained Equity	−4 188 000	−3 871 000	−4 564 000	−5 260 000
Total Equity	−72 000	246 000	−447 000	−1 143 000
Total Long-Term Debt	13 231 000	13 329 000	13 165 000	15 262 000
Total Current Debt	3 780 000	148 000	13 000	81 000
Total Equity and Debt	16 939 000	13 722 000	12 731 000	14 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	−10 000	437 000
Other Income	350 000	1 437 000	1 326 000	199 000
Revenue	350 000	1 437 000	1 316 000	636 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 000	3 000	0	0
Depreciation	240 000	238 000	235 000	238 000
Impairment	0	0	0	0
Expenditure	722 000	583 000	621 000	673 000
Operating Profit	−371 000	853 000	694 000	−37 000
Financial Income	0	0	2 000	0
Financial Costs	37 000	0	0	0
Financial Balance	−37 000	0	2 000	0
Dividends	0	0	0	0
Net Income	−317 000	693 000	696 000	−37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 202 000	12 441 000	12 636 000	12 871 000
Machinery and Plant Facilities	3 917 000	258 000	0	0
Fixtures	27 000	27 000	0	0
Total Tangible Assets	16 145 000	12 726 000	12 636 000	12 871 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 145 000	12 726 000	12 636 000	12 871 000
Stock	575 000	575 000	0	0
Total Investments	0	0	0	0
Cash, Bank	203 000	358 000	39 000	297 000
Total Current Assets	795 000	997 000	95 000	1 329 000
Total Assets	16 939 000	13 722 000	12 731 000	14 200 000
Total Equity	−72 000	246 000	−447 000	−1 143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 231 000	13 329 000	13 165 000	15 262 000
Creditors	234 000	71 000	13 000	56 000
Unpaid Taxes	0	0	0	9 000
Dividends	0	0	0	0
Other Current Debt	3 546 000	77 000	0	17 000
Total Current Debt	3 780 000	148 000	13 000	81 000
Total Equity and Debt	16 939 000	13 722 000	12 731 000	14 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	440,28 %	281,71 %	−155,7 %	3,24 %
Debt-to-Equity Ratio	−183,76	54,18	−29,45	−13,35
Operating Profit Margin	−106 %	59,36 %	52,74 %	−5,82 %
Current Ratio	0,21	6,74	7,31	16,41
Quick Ratio	0,25	−2,33	7,31	16,41
Equity Ratio	−0	0,02	−0,04	−0,08
Gross Profit Margin	100 %	100 %	100 %	100 %